Credit Sesame Daily

Browse Categories

Inflation and You: Looking at the Consumer Price Index Market Basket

Related Posts

Links We Love: Get Healthier and Save Money at the Same Time
5 Money Management Tips That Could Change Your Life in 2015
Links We Love: Successful New Year’s Resolutions Have This One Thing in Common — Does Yours?

Does it feel like your groceries are getting more expensive?   Well there’s a way to tell if they really are.  The Consumer Price Index (CPI) market basket measures more than just the food in your grocery basket to capture inflation.  It is developed from detailed monthly records kept by government officials who are hired to track and record prices of reselected items in stores.  See how the CPI market basket works to measure inflation:

« Previous Post When Were Homes the Cheapest?
Next Post » This Week in Money Management: How Does an Aging Workforce Affect You?

More Like This

Discuss